I believe the procedure you're describing is to help get the battery to read 100% at full charge, instead of 9X% like many phones do. I don't think it has any substantial impact on battery life (unless you're using a kernel with a specific battery patch).
What battery saving measures have you already taken?
Ive rooted, debloated, dedebloated, unrooted, used ATK, avoided ATK, tried every means of plugging/unplugging/airplane-on/airplane-off, *228ed, *22899ed, prayed to allah, jesus, and the flying spaghetti monster, and oh yeah my screen is set at 0% brightness 24/7.
There is apparently some sort of voltage/percentage calibration data that the phone uses to know when to start/stop charging and when to freak out about the battery being low. This is why if you charge the phone to 100% with it on and turn it off you will usually have a few extra % to go to get a "full" charge; when turned off it doesn't use that calibration and just takes the battery as high as it will go. Running the battery to it's lowest voltage is also apparently required to establish a good 0% level. What I need to know now is, is rooting the only way to zero out that calibration so it re-learns it when I fire up the new battery?